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Dec 6, 2012
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nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint economic committee hearing. they're g
nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol...
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Dec 6, 2012
12/12
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. >> they will not have him against the washington redskins -- he returned to the practice field for the first time since he tore his triceps against the dallas cowboys. lewis can return as early as next week when they face the broncos. he understands the value of the matchup between # 52 and peyton manning, but it will not factor the decision whether he sees the game. >> he will not play on sunday. that is not something -- i do not know he is ready to play. we'll see how he dies. when he is ready to play, we will let you know. -- we will see how he dies. oes.he is readplay, we will let we will let you know. tom tasselmyer did not today ree terrell suggs did not play today either. if he had surgery -- if he rushes back before he showed, his season could also end. shows how much he means to this team. it looks like sunday morning will be whether he can line up in a d.c. or stand on the sidelines. >> we will see how it goes. you all pretty much know me. we have been around some time. if you can breathe, you can play, but we have to see how it holds up. that will be the decision on sund
. >> they will not have him against the washington redskins -- he returned to the practice field for the first time since he tore his triceps against the dallas cowboys. lewis can return as early as next week when they face the broncos. he understands the value of the matchup between # 52 and peyton manning, but it will not factor the decision whether he sees the game. >> he will not play on sunday. that is not something -- i do not know he is ready to play. we'll see how he dies....
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Dec 17, 2012
12/12
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we'll look at those deal meetings in washington. stay with us. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >>> welcome back. shares of sprint today dropping today after the telecom giant announced the remaining stake it does not own. sprint is one of the best performing stocks in the s&p 500 this year. is there still room to run for the stock or are you better off with larger competitor verizon? on
we'll look at those deal meetings in washington. stay with us. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national....
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Dec 19, 2012
12/12
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>> reporter: some in washington urging congress to act. compromise seemed likely 24 hours ago now elusive as republicans push a vote that's not expected to ever reach the president's desk. actually two votes, because we're hearing there could be two separate votes when this comes up tomorrow, one to keep tax rates low for the middle class, and a separate vote to keep rate lows for everyone making under $1 million. >> tracie potts, thank you. >>> as democrats and republicans battle over the budget defense secretary leon panetta is making a last-minute plea to help avoid a fiscal disaster. speaking at the national press club yesterday, panetta suggested stripping out $74 billion in what he called needless spending on unnecessary weapons programs that have "outlived their usefulness." it's unclear whether lawmakers will consider so-called cuts the defense department will suffer $500 billion in automatic cuts which is panetta insists will make lasting damage on national defense. >>> the national rifle association ended its silence on the conne
>> reporter: some in washington urging congress to act. compromise seemed likely 24 hours ago now elusive as republicans push a vote that's not expected to ever reach the president's desk. actually two votes, because we're hearing there could be two separate votes when this comes up tomorrow, one to keep tax rates low for the middle class, and a separate vote to keep rate lows for everyone making under $1 million. >> tracie potts, thank you. >>> as democrats and republicans...
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Dec 4, 2012
12/12
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but look at this afternoon. 73 on the mall in washington, d.c. it's going to be 63 in new york. 70 in atlanta. it's not like it's frigid behind this either. it's still going to be pretty mild. the east coast tomorrow slightly cooler. but by december standards, still unbelievably warm map. joe and meeka, there is no cold air coming our way. there is no sign of any snowstorms either. this is going to continue it looks like for another week. >> i'll take it. thank you. >> fantastic. thanks a lot. greatly appreciate it. >>> now, mica, let's go to sports. last night i cannot believe you are such an nfl fan while you're watching one direction you are also watching monday night football. >> i watched it on the big screen. >> did you really? >> yeah. >> that's not right. robert griffin iii making his monday night football debu. rg-3 finds running room along the leave side. he's got the first down and much more. but as he goes down, the ball pops loose right into the waiting arms of josh morgan who takes it in for a touchdown to give the redskins an early
but look at this afternoon. 73 on the mall in washington, d.c. it's going to be 63 in new york. 70 in atlanta. it's not like it's frigid behind this either. it's still going to be pretty mild. the east coast tomorrow slightly cooler. but by december standards, still unbelievably warm map. joe and meeka, there is no cold air coming our way. there is no sign of any snowstorms either. this is going to continue it looks like for another week. >> i'll take it. thank you. >> fantastic....
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Dec 26, 2012
12/12
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president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income earners will owe $2,000 extra a year. consumers are predicted to cut back in automotive, apparel and entertainment. >> once people decide to cut back on that, the effect is dramatic. >> reporter: the national retail federation says retailers support 1 in 4 american jobs and if the downward trend intensify, those jobs would be at risk. >> if retailers stop creating job, the economy as a whole will stop creating jobs. >> reporter: the wait is e excruciating. president obama visited hawaii after talks on capitol hill. they were $200 billion apart on a deal. >> the president was $2200 billion higher on re
president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income...
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Dec 7, 2012
12/12
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nbc's tracie potts joins us with the details from washington. tracie, good morning to you. >> reporter: lynn, good morning. the white house has been all over social media with this one, asking what would happen if your family had to pay another $2,200 next year in taxes? 100,000 people responded, including that northern virginia family that the president met with yesterday. they said $2,200 for them is a couple months' rent. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> reporter: the other big issue here on capitol hill, raising the debt limit. the president wants a new authority. mitch mcconnell filibustered his own bill. the senate minority leader filibustered his own bill that he had raised earlier about raising the debt ceiling. he called for a vote. democrats called his bluff and agreed to the vote. then he talked that bill to death. unusual here on capitol hill. lynn? >> all right, tracie potts there
nbc's tracie potts joins us with the details from washington. tracie, good morning to you. >> reporter: lynn, good morning. the white house has been all over social media with this one, asking what would happen if your family had to pay another $2,200 next year in taxes? 100,000 people responded, including that northern virginia family that the president met with yesterday. they said $2,200 for them is a couple months' rent. >> for them to be burdened unnecessarily because democrats...
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Dec 5, 2012
12/12
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but maybe we should not be surprised, because in a cnn/orc poll taken a few weeks ago, 67% said washington officials would behave like spoiled children in fiscal cliff discussions. only 28% said they would behave like responsible adults. with that in mind, here's what the key players, the grownups, have said in just the past 24 hours. listen. >> the math, it doesn't work. >> his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work with. >> we're not going to twist ourselves into contortions to appease a vocal minority. >> what i'm not going to do is to agree to a plan in which we have some revenue that is vague. >> republicans have proven to be willing to be held accountable. democrats have not. >> we look forward to working with the president when he decides to get serious. >> we're looking for solutions and it doesn't seem at least from the president's proposal that he is at all serious about finding the solution. >> his last two budgets, so unserious. >> what is this man talking about? mr. speaker, what the heck are you
but maybe we should not be surprised, because in a cnn/orc poll taken a few weeks ago, 67% said washington officials would behave like spoiled children in fiscal cliff discussions. only 28% said they would behave like responsible adults. with that in mind, here's what the key players, the grownups, have said in just the past 24 hours. listen. >> the math, it doesn't work. >> his proposal was so outlandish, i don't think we should go back to the table until he puts something there...
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Dec 26, 2012
12/12
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we're grateful to be a part of it. . >>> we have breaking news in washington. no, not that news but important and sort of in the same ballpark. john harwood has the story. john? >> reporter: related news, bill. part of the administration's earth to put pressure on the cook to do something about the fiscal cliff and the debt ceiling. treasury secretary geithner sent a letter to harry reid, the senate majority leader, saying the united states government will hit its statutory debt limit on december 31st. that is the same day that we would go over the fiscal cliff. now the treasury has certain steps they can take to avoid breaching the debt ceiling that will carry the government through february or march, but at the moment in a technical sense treasury secretary geithner is telling the congress we're hitting the debt ceiling at the end of this year which is the part of the, as i mentioned, part of an effort to get congress to step in and act, not only on the fiscal cliff but on the debt ceiling, bill. >> thanks very much for the breaking news. we'll keep monitorin
we're grateful to be a part of it. . >>> we have breaking news in washington. no, not that news but important and sort of in the same ballpark. john harwood has the story. john? >> reporter: related news, bill. part of the administration's earth to put pressure on the cook to do something about the fiscal cliff and the debt ceiling. treasury secretary geithner sent a letter to harry reid, the senate majority leader, saying the united states government will hit its statutory debt...
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Dec 26, 2012
12/12
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with only five days left before the fiscal cliff washington is preparing for another round of wheeling and dealing tomorrow. at the closing bell the dow finished 24 points lower to 13,114. >>> treasury secretary tim geithner warning we will reach the debt ceiling by december 31st but geithner did say $200 billion worth of kind of wiggle room could be found, quote from extraordinary measures that would normally buy them two extra months. >>> toyota agreed to pay a billion doll to settle a class-action lawsuit stechling from 2009 and 2010 recalls recommended to unintended acceleration in its vehicles. they will reinstall new safety equipment and reimburse owners as part of the settlement. that's very latest from the fox business network, giving you the power to prosper every school day. that's a line of desks more than 4 miles long. keep students in school. visit boostup.org and take the first step. shibani: oil prices rallying today, jumping nearly 3% to settle just shy of $91 a barrel. today we got an analyst who says prices may be heading even higher. joining us now is tom kloza, chie
with only five days left before the fiscal cliff washington is preparing for another round of wheeling and dealing tomorrow. at the closing bell the dow finished 24 points lower to 13,114. >>> treasury secretary tim geithner warning we will reach the debt ceiling by december 31st but geithner did say $200 billion worth of kind of wiggle room could be found, quote from extraordinary measures that would normally buy them two extra months. >>> toyota agreed to pay a billion doll...
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Dec 13, 2012
12/12
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the rockets went on to beat washington 99-93. >>> and this is pretty cool. south africa's olympic sprinter blade runner oscar pristoras won a race against a horse. he crossed the line with just a second to spare. just an amazing race there. now for another look at your weather, here is nbc meteorologist dylan dreyer. good morning once again. >> that race is unbelievable. >> i know. we try to bring you the best here, dylan. >> wow. >> unbelievable is what we're going for. >> right. that is awesome to see. >> we are going to see some weather that's pretty quiet today. pretty awesome for some of you. we're looking at temperatures right now a little chilly in the 30s and 40s. new orleans was under a freeze warning earlier this morning because of temperatures close to freezing. so that's why we have the freeze warnings posted. obviously affects the growing season. we're looking at a good amount of sunshine with high pressure in control across most of the country. the rain we're starting off with down in the carolinas right across the coastline is going to move ea
the rockets went on to beat washington 99-93. >>> and this is pretty cool. south africa's olympic sprinter blade runner oscar pristoras won a race against a horse. he crossed the line with just a second to spare. just an amazing race there. now for another look at your weather, here is nbc meteorologist dylan dreyer. good morning once again. >> that race is unbelievable. >> i know. we try to bring you the best here, dylan. >> wow. >> unbelievable is what we're...
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Dec 17, 2012
12/12
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in downtown washington we found people demanding tougher gun control laws. the powerful pro gun lobby. but it was lifetime nra member joe mansion making news today for his call for reasonable restrictions on guns. >> we can protect the second amendment rights. we definitely can protect it. and we will protect it. but we can look at also ways that we can make our country and our children more safe. i really believe that. that we could sit down and have that dialogue and hopefully movement on that. >> and this afternoon senator patrick leahy announced on the senate floor that he will hold gun safety hearings early next year. >> all right, hampton. thank you so much. fast money beginning in just a few minutes. melissa lee has the preview. >> at the top of the hour on "fast money," with apple continuing its collapse our traders will give you the five text stocks you want to own instead of apple going into the new year. and what does it look like for the mortgage intersection redestruction? analysts will give you the plays you want to play and also the plays you
in downtown washington we found people demanding tougher gun control laws. the powerful pro gun lobby. but it was lifetime nra member joe mansion making news today for his call for reasonable restrictions on guns. >> we can protect the second amendment rights. we definitely can protect it. and we will protect it. but we can look at also ways that we can make our country and our children more safe. i really believe that. that we could sit down and have that dialogue and hopefully movement...
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Dec 28, 2012
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the president returned to washington from hawaii. can he lead both parties to a fiscal cliff work around. democrats have been dragging feet on this for months. they don't want to be pressured into a bad deal that doesn't come down to the nation books. >> any time you announce a meeting publicly in washington it's usually for political purposes. nothing good ever comes from it. one thing you have to do with politics if the president meets with a foreign leader you want to make sewer you know what is happening at the meeting. if the president calls congressional leader to the white house it's all political theater or they have a deal. my bet it's all political theater. >> they blame house republicans since john boehner hasn't been able to get them a deal to raise taxes. the name calling is getting ugly. >> american people don't understand the house of representative is operating without the house of representatives. it is being operated with a dictatorship of the speaker not allowing the vast majority of the council to representatives
the president returned to washington from hawaii. can he lead both parties to a fiscal cliff work around. democrats have been dragging feet on this for months. they don't want to be pressured into a bad deal that doesn't come down to the nation books. >> any time you announce a meeting publicly in washington it's usually for political purposes. nothing good ever comes from it. one thing you have to do with politics if the president meets with a foreign leader you want to make sewer you...
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d'agata washington. who is in charge of social security reform? nobody. everybody waits for a deadline and throws up their hands and says we don't have enough time. it is broken up here, but because they're not doing their job. lou: not doing their job, and whose job is it a much the republicans to start making some sense of the thing? i said, as you may have heard at the outset of this broadcast, clearly, unequivocally, without reserve, this will be the president's decision if the nation is to be taken over the so-called fiscal closed on january 1st. there is no reputation, no rebuttal. that is his decision, his conditions, and republicans are behaving as if they're equal partners in the madness that would be the result of this decision. why did they persist? >> i think we are in the middle of all these negotiations. people be consumed by the art of the deal. nobody really is trying to rememmer all we stand for. if we don't stand for something, if we are not the party of limited government, lower taxes, then what are we doing appear? my point is, and not
d'agata washington. who is in charge of social security reform? nobody. everybody waits for a deadline and throws up their hands and says we don't have enough time. it is broken up here, but because they're not doing their job. lou: not doing their job, and whose job is it a much the republicans to start making some sense of the thing? i said, as you may have heard at the outset of this broadcast, clearly, unequivocally, without reserve, this will be the president's decision if the nation is to...
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Dec 5, 2012
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a new "washington post" pew research poll shows 53% of americans say congressional republicans will be blamed if no deal is reached. only 27% said the president should be held accountable. among those polled, 49% do not expect a deal to be reached by the deadline. compared to 40% who are a little more optimistic. 3% of americans were too tired to answer the phone. all right. also today, senator elect elizabeth warren one of wall street's harshest critics being tapped to serve on the banking committee. a final decision will not be made until the new congress convenes next month, but reports say the lobbyists say it's imminent. warren has been focal in her criticism of big banks and in the assumed role, she would oversee firms that she sparred with for years. remember, warren helped create the consumer financial protection bureau, all part of the dodd-frank reform law. many democrats hoped she would lead the agency, but senator republicans threaten to block her appointment. >>> a rare appearance by former senate majority leader bob dole on the senate floor was not enough to sway lawmaker
a new "washington post" pew research poll shows 53% of americans say congressional republicans will be blamed if no deal is reached. only 27% said the president should be held accountable. among those polled, 49% do not expect a deal to be reached by the deadline. compared to 40% who are a little more optimistic. 3% of americans were too tired to answer the phone. all right. also today, senator elect elizabeth warren one of wall street's harshest critics being tapped to serve on the...
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Dec 11, 2012
12/12
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we had a front row seat here in washington. remember as a child when you would not budge when your friend budged? today, the republicans attacked the decks for not putting any spending cuts on the table, as they push for higher taxes on the highest earners. many democrats say, we can deal with spending cuts later. just raise taxes on the upper income now to avoid going over the fiscal cliff. this, of course, kicks the can down the road. the republicans say no deal if spending cuts are not agreed upon, along with new revenue right now. not later. but now, the next salvo, democrats now are saying that they won't put any spending cut proposals out there, they want to first hear what cuts the republicans want first. i guess so that they can use that against them in the public forum. we'll remember the infamous granny over the cliff ad after paul ryan floated his budget. so, what is the end game here? what if john boehner doesn't blink? we now have less than three weeks before the new year. i have said it before -- i am not expectin
we had a front row seat here in washington. remember as a child when you would not budge when your friend budged? today, the republicans attacked the decks for not putting any spending cuts on the table, as they push for higher taxes on the highest earners. many democrats say, we can deal with spending cuts later. just raise taxes on the upper income now to avoid going over the fiscal cliff. this, of course, kicks the can down the road. the republicans say no deal if spending cuts are not...
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Dec 18, 2012
12/12
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one, the cfo says the washington debate over the fiscal cliff is not hurting the customers' tendency to spend. they're still spending their budgets and they feel great about the trajectory of their sales. still hiring sales people across every region, across vert capitals, cloud. larry ellison chimed in. finally, larry ellison said in qe-3 they'll be turning the corner in hardware revenue and in q4 expect growth and improving margins. >> thanks. you see the stock moving higher towards its previous highs. >> 52 week high. what we haven't mentioned i think might be the most important metric in oracle, the new licensing method was up 17%. they shop out there and continue to show how well they integrate. the problem is we will start pushing up against the 36 level, had been the top 12 years ago and in '09, if i'm not mistaken or '07. keep a look on it. i think it has more room to run, maybe 34, 35, then might be time to take the money off the table. >>> also 52 week highs in shares of sales. >>> meanwhile, bopoulty group, e builder hit its highest levels since april of 2006. do you have
one, the cfo says the washington debate over the fiscal cliff is not hurting the customers' tendency to spend. they're still spending their budgets and they feel great about the trajectory of their sales. still hiring sales people across every region, across vert capitals, cloud. larry ellison chimed in. finally, larry ellison said in qe-3 they'll be turning the corner in hardware revenue and in q4 expect growth and improving margins. >> thanks. you see the stock moving higher towards its...
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Dec 5, 2012
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tracie potts in washington. thanks. >>> overseas now where more massive anti-government protests are occurring in egypt today. the demonstrators say the rallies are a last warning to president morsi over his seizure of almost unrestricted power. and the adoption of a new constitution. about 100,000 people protested. the opposition forces have not yet decided whether to vote no in a constitutional referendum this month or to call for a boycott. >>> this morning u.n. secretary general ban ki-moon hinted he is not in favor of granting asylum to assad if he flees. with the civil war moving in on the capital of damascus, nato has approved turkey's use of the patriot anti-missile system along its border. the move comes amid growing fears syria will attack touree and/or israel, possibly with chemical weapons. >> an update now for you on the condition of the newly pregnant duchess of cambridge who is being treated for severe morning sickness. according to a statement from st. james palace, kate is, quote, continuing to
tracie potts in washington. thanks. >>> overseas now where more massive anti-government protests are occurring in egypt today. the demonstrators say the rallies are a last warning to president morsi over his seizure of almost unrestricted power. and the adoption of a new constitution. about 100,000 people protested. the opposition forces have not yet decided whether to vote no in a constitutional referendum this month or to call for a boycott. >>> this morning u.n. secretary...
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Dec 27, 2012
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you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how would you invest, and when you recognize that none of us probably know and got it wrong the last time the debt ceiling came around. still be conservative and get some great balance sheet, but some names like john ehrlichman. could go savnlt these are names with big balance sheets will last you through to the. >> rick santelli, we spoke to you earlier on the show, did i get the impression that you're feeling a little more helpful? are you feelingmore so after speaking with the senators. >> i think the party will be with the parties doing the right place to actual
you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how...
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Dec 27, 2012
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well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the country yesterday, dropping blizzard-like conditions and record snowfall in the midwest, and by late afternoon, euclid moved northeast, bringing traffic to a standstill, forcing the cancellation of more than 1,500 flights on one of the busiest travel days of the year. the weather channel's mike seidel has more on the massive christmas storm. >> reporter: a major snowstorm has dumped over a foot of snow across parts of the midwest. indiana got hit hard. high winds adding to the misery there. >> it's a lot better with the four-wheel-drive, but it, yeah, it's definitely a doozy out there. >> reporter:
well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the...
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Dec 1, 2012
12/12
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so instead of spending time outside of washington, we should actually have them not leave washington until they fix the fiscal cliff. at least let's fix the fiscal cliff and make sure that american families aren't faced with possible larger tax bills come january. >> wouldn't it just make you feel better if you didn't feel that the real reason we're goeng to get a fiscal cliff resolution, whether tas little tinkering or something bigger wasn't because they wanted to be home for christmas. >> i certainly don't think they should go home before the situation is resolved, but i also think when you're looking at what kind of congress you want, you want a responsive congress, rooted in american communities, not inside the beltway. >> you would want mondays and fridays off, too, and you're trying to make the argument. >> americans want their leaders to work, period. >> thanks to both of you. "outfront" next, breaking news. the billionaire software tycoon is on the run and martin savidge just literally caught him. he was running. he's going join us with that right after this. he's getting it
so instead of spending time outside of washington, we should actually have them not leave washington until they fix the fiscal cliff. at least let's fix the fiscal cliff and make sure that american families aren't faced with possible larger tax bills come january. >> wouldn't it just make you feel better if you didn't feel that the real reason we're goeng to get a fiscal cliff resolution, whether tas little tinkering or something bigger wasn't because they wanted to be home for christmas....
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Dec 11, 2012
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. >>> right now on first look, it is crunch time in washington, president obama ratchets up the pressure on lawmakers as they try to hammer out a deal on the fiscal cliff before the holiday recess. >>> new details on a navy s.e.a.l. who died during a daring mission in afghanistan. >>> plus, a fireball over texas, and more dogs behind the wheel. good morning, even. i'm lynn berry. there is a renewed sense urgency in washington as house members returned to town today with just 21 days left to avert that so-called fiscal cliff, and if the framework for an agreement isn't reached by the end of the week, lawmakers could be spending christmas in d.c. tracie potts has those good morning. >>> the president sitting down with john boehner, the staff sitting behind closed door, but today republican members come back to capitol hill and boehner may have a problem. >> all these members are going to come back to town, and they're going to want to play a role in these negotiations. >> the house is back today. that means conservative republicans who insist the wealthy keep this year's tax breaks could p
. >>> right now on first look, it is crunch time in washington, president obama ratchets up the pressure on lawmakers as they try to hammer out a deal on the fiscal cliff before the holiday recess. >>> new details on a navy s.e.a.l. who died during a daring mission in afghanistan. >>> plus, a fireball over texas, and more dogs behind the wheel. good morning, even. i'm lynn berry. there is a renewed sense urgency in washington as house members returned to town today...
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Dec 21, 2012
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have the christmas spirit in washington. it is about to become a ghost town because everybody is heading out of town with no deal on the fiscal cliff. house republicans left the meeting last night with their leadership. they called it the plan b because it didn't have enough gop support in the past. others drew a line. in fact... >> that's the same 40, 50 chuckle heads all year starting with hr 1 has screwed this place up. he has done everything in his power to make nice with them to bring them along and make them feel included. it hasn't mattered. i don't fault him. he does his best. >> raises taxes on any one isn't right to me. they are cutting spending that's what the problem is. >>> republicans were able to pass a bill that protected the pentagon from the fiscal cliff cut. as far as the automatic across the board tax hikes are concerned that are part of the fiscal cliff it is now up to senate democrats. here's his statement the house has already passed legislation to stop all of the january 1st tax rate increases and rep
have the christmas spirit in washington. it is about to become a ghost town because everybody is heading out of town with no deal on the fiscal cliff. house republicans left the meeting last night with their leadership. they called it the plan b because it didn't have enough gop support in the past. others drew a line. in fact... >> that's the same 40, 50 chuckle heads all year starting with hr 1 has screwed this place up. he has done everything in his power to make nice with them to...
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Dec 7, 2012
12/12
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stephanie rawlings-blake and lardarius webb helped countdown to the lighting of the washington monument in mount vernon. some of our mourning faces turned into night owls for the event. i do not know how you're able to do that. >> i was following your lead. >> the fireworks were spectacular. >> some other lighting ceremonies are going on today. midnightegins wi-- madness begins. in cockeysville, the military tree lighting. attendees will honor those serving overseas. we want to show off your decorations. tell us what your house should be featured on 11 news. that is working out pretty good. >> great displays. 33 degrees at the airport. same-sex marriage licenses are officially available in maryland. >> one problem couples could encounter. >> >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. welcome back to 11 news today. i'm stan stovall. >> and i'm mindy basara. thanks for joining us for 11 news today. happy friday. how is the forecast looking? >> yesterday the flavor was chilly. ok. today, a different flavor. not quite as ch
stephanie rawlings-blake and lardarius webb helped countdown to the lighting of the washington monument in mount vernon. some of our mourning faces turned into night owls for the event. i do not know how you're able to do that. >> i was following your lead. >> the fireworks were spectacular. >> some other lighting ceremonies are going on today. midnightegins wi-- madness begins. in cockeysville, the military tree lighting. attendees will honor those serving overseas. we want...
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Dec 7, 2012
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we also want to know what the district attorney, the prosecutor in washington county, utah thinks about this. his name is brock bellam he's a good guy. when i called him to ask him what he thought, he said i don't know anything about it. it's a well-kept secret. based on the faktds he said this raises a red flag. he's going to look into it, but right now it's too early to see what will happen legally. >> it's hard to believe somebody affiliated with the ranch didn't know the kids working on it isn't the first day they're doing it. it's incredible the owner wouldn't get back to you. you'd any he'd want to clear that up. great reporting. software tycoon john mcafee is no longer on the run. the latest on that ahead. nol pm® the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has 7 antioxidants to support cell health. one a day 50+. anne's tablet c
we also want to know what the district attorney, the prosecutor in washington county, utah thinks about this. his name is brock bellam he's a good guy. when i called him to ask him what he thought, he said i don't know anything about it. it's a well-kept secret. based on the faktds he said this raises a red flag. he's going to look into it, but right now it's too early to see what will happen legally. >> it's hard to believe somebody affiliated with the ranch didn't know the kids working...
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Dec 5, 2012
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the logjam is breaking there exactly, but courtney, some movement here may be a little bit in tone in washington. so that's something. >> that's something. we'll take whatever we can get at this point i think, eamon. thank you very much. we'll check back in with you. >>> now we found bob pisani. he's on the floor of the new york stock exchange. >> we've been talking about what's going on in the day and why this rally in the middle of the day. take a look. this is what everybody's talking about here. there have been vague rumors that the republicans may be breaking ranks a little bit and some may be willing to accept tax hikes. that would be a break-through if we can. of course the question is what to do on the spending side but one step at a time. it is still very vague as you heard from eamon. apple has been a big question. there's a lot of complicated things going on. right now we're going to do 35 million shares in apple today. that's twice the normal volume. we aren't far from the lows of the day. let me give you a short laundry list about what's been going on, various things we've been hear
the logjam is breaking there exactly, but courtney, some movement here may be a little bit in tone in washington. so that's something. >> that's something. we'll take whatever we can get at this point i think, eamon. thank you very much. we'll check back in with you. >>> now we found bob pisani. he's on the floor of the new york stock exchange. >> we've been talking about what's going on in the day and why this rally in the middle of the day. take a look. this is what...
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Dec 10, 2012
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. >> i think the best way to break this political gridlock in washington is to go to the american people because it's we the people that demand that the politicians and congress resolve this fiscal cliff but resolve in it a way that makes our country stronger. >> let me bring in the "news nation" political panel. neimalik henderson and goodfreend and contributor michael smerkonish. you the people, you talk to folks all day long on the radio show that you have that's syndicated in cities and states. what do you make of the president picking up where he left off so often going straight to the folks at snoem. >> he is really mained a full court press that began in the campaign season and never ended after election day and i think that two-prong attack you reference is good politics and seems to be working in large part because there's a vacuum within the republican party or on the right generally. you could say speaker boehner is the head now for negotiation purposes but i don't think anybody is really the president's equal in this dynamic and he's exploiting that to great advantage. >> let
. >> i think the best way to break this political gridlock in washington is to go to the american people because it's we the people that demand that the politicians and congress resolve this fiscal cliff but resolve in it a way that makes our country stronger. >> let me bring in the "news nation" political panel. neimalik henderson and goodfreend and contributor michael smerkonish. you the people, you talk to folks all day long on the radio show that you have that's...
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Dec 27, 2012
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>> i kind of agree with the consternation and concern of washington and everybody there. we look at the position of one of three possibility, back to upside normalized growth, complete downside recession. and the middle of the road scenario, we begrudge this and keep doing it sloppily every once in a while, as we have been recently but manage to make our way longer term. we think that scenario is more likely and the upside has to be discounted and downside scenario we have to recognize is not an immaterial risk. positioning portfolios, this is not an environment to hide and cash in treasuries but not blindly buy any and all equities out there, you pick the risks you take, buy quality dividend companies to protect those portions of your portfolio you're taking some equity risk with. use covered calls and sell options to cap your upside but give you extra cash flow in the other two environments, then use other defensive mechanisms, risk taking but still defensive in orientation. high yield bonds, bank loans, sovereign debt in the emerging markets getting 5-7% interest payme
>> i kind of agree with the consternation and concern of washington and everybody there. we look at the position of one of three possibility, back to upside normalized growth, complete downside recession. and the middle of the road scenario, we begrudge this and keep doing it sloppily every once in a while, as we have been recently but manage to make our way longer term. we think that scenario is more likely and the upside has to be discounted and downside scenario we have to recognize is...
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Dec 29, 2012
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most of washington, d.c. area. you can see the winter storm warnings and advisories all throughout the northeast, throughout the day. this whole storm system is going to track just to the southeast of martha's vineyard and nantucket in massachusetts. the coldest side of the storm will move through boston, back through northern rhode island and into northern connecticut as well. that's why that's an area that will see most of the snowfall. picking up in intensity across pennsylvania and also back up to syracuse as well. wider view of our snouf estimates shows a widespread swath of 3 to 6 inches. in the boston area, we should pick up a few inches before it tries to mix with rain. the outer areas of cape cod should mix with rain. you go inland a bit. 3 to 6 inches could end up with seven or eight inches as well this is a southern new england snowstorm. we'll basically pick up two to four inches out of this storm. t.j. >> dylan, thank you so much. i want to turn to the legal fallout from the sandy hook elementary schoo
most of washington, d.c. area. you can see the winter storm warnings and advisories all throughout the northeast, throughout the day. this whole storm system is going to track just to the southeast of martha's vineyard and nantucket in massachusetts. the coldest side of the storm will move through boston, back through northern rhode island and into northern connecticut as well. that's why that's an area that will see most of the snowfall. picking up in intensity across pennsylvania and also...
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Dec 27, 2012
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starting with the budget crisis in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish the names and addresses of thousands of private citizens who have legal gun permits. can the mainstream media still claim not to hate all gun owners after a stunt like this? "the kudlow report" starts right now. let's get the latest on the snag on the fiscal cliff talks and surprise news we are going to reach the debt ceiling in days instead of just a few months. john harwood has the details. what's going on? >> not a whole lot of actions going on. although there have been some developments. let me bring our viewers up to date on those. fir
starting with the budget crisis in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish...
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Dec 11, 2012
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duracell with duralock. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death have been reported in patients who wore more than one patch at a time. the most common side effects of exelon patch are nausea, vomiting, and diarrhea. the likelihood and severity of these side effects may increase as the dose increases. patients may experience loss of appetite or weight. patients who weigh less than 110 pounds may experience more side effects. people at risk for stomach
duracell with duralock. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. you'll also care about our new offer. you get access to nurses who can help...
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Dec 4, 2012
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shopaholics drop an average of $263 a month in washington, d.c. that's more than anywhere else in the country. >>> andrew zimmer, the host of bizarre foods on the travel channel is blasting yelp.com. he says reviews of restaurants and other businesses should be left to the pros. he claims too many people abuse the site and try to blackmail the merchants they're commenting on. >>> trial began monday in italy for superstar fashion designers. they're charged with tax evasion. they deny any wrongdoing. >>> finally, it may be the only time you smile about a story on the fiscal cliff. you need to check out this youtube video of a little boy glued to the animation used by our friends at cnbc. [ laughing ] >> that's the great thing about kids. you can leave him there for 15 minutes. he'd be all set. >>> one of the coolest down hill skating races you'll see this year. plus, bofrming legend mohammed ali receives the biggest award in boxing history. that's next. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car
shopaholics drop an average of $263 a month in washington, d.c. that's more than anywhere else in the country. >>> andrew zimmer, the host of bizarre foods on the travel channel is blasting yelp.com. he says reviews of restaurants and other businesses should be left to the pros. he claims too many people abuse the site and try to blackmail the merchants they're commenting on. >>> trial began monday in italy for superstar fashion designers. they're charged with tax evasion....
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Dec 26, 2012
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employees in the washington, d.c. area will be writing come together on every cup of coffee that they serve. starbucks ceo said on the company's blog, there moments in our lives where we have an opportunity to ignite tremendous positive change. remember the huge crowd on the national mall in d.c. from president obama's first inauguration? planners are not expecting anywhere near the same turn out for his second inauguration, january 21st. years ago hotels were at 98% capacity. this time around there is rooms up for grabs and you can get a decent rate. those are a few of the things we thought you should know. ♪ [ female announcer ] almost nothing can dampen a baby's mood, when he wakes up dry in pampers. unlike other diapers, pampers has 3 absorbent layers, for up to 12 hours of protection overnight, and more beautiful mornings. ♪ pampers. peaceful nights. playful days. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can kee
employees in the washington, d.c. area will be writing come together on every cup of coffee that they serve. starbucks ceo said on the company's blog, there moments in our lives where we have an opportunity to ignite tremendous positive change. remember the huge crowd on the national mall in d.c. from president obama's first inauguration? planners are not expecting anywhere near the same turn out for his second inauguration, january 21st. years ago hotels were at 98% capacity. this time around...
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Dec 26, 2012
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the president could return to washington as soon as tomorrow. >>> a dangerous situation in gulf states where tornadoes touched tonight. this one in mobile, alabama. authorities in louisiana also reporting numerous injuries and extensive damage. >>> and queen elizabeth took her annual christmas day message to a new level this year. she delivered it in 3-d for the very first time. now back to "caught on come ra." >>> welcome back to "caught on camera." i'm contessa brewer. so far we've seen thrillseekers take some calculated risks and pay the price for their daring. but what happens in a much more ordinary setting when a father makes a terrible choice? an intoxicated dad makes his 9-year-old daughter his designated driver. >> listen, we're leaving, and she's driving. i'm drunk. >> i froze, when i saw her drove off. i mean, i was stunned. >> the citgo gas station in brownstown, michigan, on telegraph road is a busy place with customers coming and going at all hours of the day and night. in order to create a safe environment for his clerks and his customers, owner albert abbas has installe
the president could return to washington as soon as tomorrow. >>> a dangerous situation in gulf states where tornadoes touched tonight. this one in mobile, alabama. authorities in louisiana also reporting numerous injuries and extensive damage. >>> and queen elizabeth took her annual christmas day message to a new level this year. she delivered it in 3-d for the very first time. now back to "caught on come ra." >>> welcome back to "caught on...
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Dec 27, 2012
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there's no resolution to the fiscal cliff out of washington yet. should we rule out any hope of a last-minute deal before year's end. texas senator kay bailey hutchinson joins us to give us their views. plus, we have a host of market experts weighing in on the odds of a u.s. debt down gradient if the u.s. can't get its house in order by next year. let's see if that will derail the housing industry that picked up steam this year. it's all ahead. mandy is joining me ahead for the last hour of the day on "closing bell." >> bill, thank you very much. >>> before we get to the secret stock, there it is, zesears. according to a republican house aid, the gop or the house will reconvene 6:30 p.m. on sunday night. so here we go, folks. you were talking about a potential last-minute deal. guess what, congress is still out. according to republican aid, they will be coming back to the house beginning a session at 6:30 sunday night. look at the markets. we're still down 99, folks. far right side of your screen. we are seeing a bit of a turn. we had the reid comm
there's no resolution to the fiscal cliff out of washington yet. should we rule out any hope of a last-minute deal before year's end. texas senator kay bailey hutchinson joins us to give us their views. plus, we have a host of market experts weighing in on the odds of a u.s. debt down gradient if the u.s. can't get its house in order by next year. let's see if that will derail the housing industry that picked up steam this year. it's all ahead. mandy is joining me ahead for the last hour of the...
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Dec 18, 2012
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the more wall street washington is rising above, the higher the market goes. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan "b" proposal from john boehner, sort of took some of the wind out of the sails. nasdaq still up 1.25%, a 3348 and the s&p 500 index is up 12-plus points right now at 1443. >> while the dow on pace for the first back-to-back triple-digit gains in nearly five months. can we hold on for the final hour? >> let's talk about that in our closing bell exchange. carol roth, the author of "entrepreneurial equation" is with us. from chicago, keith springer from springer financial adviser and john carpina is on the floor with us, and rick santelli, of course, is in chicago as well. carol, you've been skeptical about this m
the more wall street washington is rising above, the higher the market goes. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan...
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Dec 7, 2012
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the latest abc news/"washington post" poll shows 57% would vote for clinton in a 2016 presidential bid. >>> turning now to news overseas. all eyes are on two tense situations developing by the hour that could have serious implications for the united states. in syria, with the assad regime growing increasingly desperate, intelligence reports indicate that a chemical attack against his own people could be imminent. even russia, syria's most powerful ally, is alarmed. their foreign minister met yesterday with secretary clinton, discussing the possibility of a syria without assad in power. this morning, rebels have declared damascus's airport a military target, warning civilians and airlines not to approach it. >>> and in egypt, tanks and barbed wire barricades returned to the streets of cairo as deadly protests raged outside the presidential palace. egyptian president mohamed morsi is calling for a national dialogue but is resolute about his controversial constitution. nbc's ayman mohyeldin is joining us live from cairo monitoring the situation. let's start with egypt. how much more troub
the latest abc news/"washington post" poll shows 57% would vote for clinton in a 2016 presidential bid. >>> turning now to news overseas. all eyes are on two tense situations developing by the hour that could have serious implications for the united states. in syria, with the assad regime growing increasingly desperate, intelligence reports indicate that a chemical attack against his own people could be imminent. even russia, syria's most powerful ally, is alarmed. their...
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Dec 26, 2012
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he's flying back to washington tonight and aides say he's ready for a deal. it's not clear whether this trip is a sign of compromises to come or another display of theater showing the president is willing to work even as his opponents skip town. meanwhile, though, americans are growing skeptical. in the last week alone, gallup found a 15-point drop in the number of americans who think congress will negotiate a deal on the fiscal cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending cuts we've all heard about that are set for january 1st, this temporary deal would delay them for another six months. few are optimistic this new
he's flying back to washington tonight and aides say he's ready for a deal. it's not clear whether this trip is a sign of compromises to come or another display of theater showing the president is willing to work even as his opponents skip town. meanwhile, though, americans are growing skeptical. in the last week alone, gallup found a 15-point drop in the number of americans who think congress will negotiate a deal on the fiscal cliff. that's not all, holiday spending also hit its lowest rate...
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Dec 12, 2012
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i think we could watch and see what happens in the state of washington, for instance, around seattle, and let the american government and let the american people see, does it cause a serious problem or not. all drugs were decriminalized in portugal about ten years ago, and the use of drugs has gone down dramatically. >>> elsewhere, you have heard stephen colbert's name mentioned, we think in jest, as the next senator from south carolina. well, his potential colleague, john mccain, was asked what he would teach colbert if he landed a job. mccain jokingly answered, "how to shut up." ouch! what? >>> so, if ashley judd decides to run for senate in kentucky, she'll be off to a strong start. a new poll by the democratic-leaning public policy polling shows the actress trailing current occupant mitch mcconnell by just four points, 47% to 43%. >>> and finally, scientists at harvard and yale have named a recently discovered prehistoric lizard after president obama. here's the name -- obamadon graculus. it's latin and based on the grin and slender demeanor. that's the dish of "scrambled politics
i think we could watch and see what happens in the state of washington, for instance, around seattle, and let the american government and let the american people see, does it cause a serious problem or not. all drugs were decriminalized in portugal about ten years ago, and the use of drugs has gone down dramatically. >>> elsewhere, you have heard stephen colbert's name mentioned, we think in jest, as the next senator from south carolina. well, his potential colleague, john mccain, was...
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Dec 27, 2012
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what on earth is happening in washington, folks? when we run through what exactly no deal means for you step by step just how annoyed are you going to feel? lots of things coming up on ""street signs."" >> i'm annoyed, mandy. four days to go before america goes over the fiscal cliff. what does that really mean for average snerns how would going over the cliff affect you? jackie deangel lis is at cnbc hears. >> four days away, not a lot of time at all. a lot is at stake for all-americans if washington can't come to some sort of agreement before the deadline. while some groups will be impacted differently, the key here is that everyone will be paying more. consider those who make roughly $20,000 a year or less. they'll be paying on average $412 more. if your salary is in the $64,000 range, you're going to be paying almost $2,000 mosh. remember, that's why president obama was talking about my 2 k. he wanted to get the middle class to weigh in on the tax debate. that's how much they'll be paying. if you make a little bit over $100,000,
what on earth is happening in washington, folks? when we run through what exactly no deal means for you step by step just how annoyed are you going to feel? lots of things coming up on ""street signs."" >> i'm annoyed, mandy. four days to go before america goes over the fiscal cliff. what does that really mean for average snerns how would going over the cliff affect you? jackie deangel lis is at cnbc hears. >> four days away, not a lot of time at all. a lot is at...
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Dec 28, 2012
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strange breaking news out of washington. within the last hour republican house speaker john boehner appears to have completely lost control of his own caucus. just about an hour ago john boehner was forced to pull his own plan off the floor because it turns out he did not have the votes from his own side to pass it. he didn't have enough republican votes to pass the republican plan. >> senator schatz, this is now your life. i know that speaker boehner is in the other chamber, but this is what you need to know right now about boehner and his colleagues. john boehner is somebody who just a week ago was essentially humiliated by his own caucus. when he stood before them on that night, on the night plan b went down, and begged them to please follow him. and then to go before them when they didn't, he actually read the serenity prayer aloud. he read it to his own members. he said to all of his members, "lord, grant me the serenity to accept the things i cannot change. that is not the prayer you say when you know what you're going
strange breaking news out of washington. within the last hour republican house speaker john boehner appears to have completely lost control of his own caucus. just about an hour ago john boehner was forced to pull his own plan off the floor because it turns out he did not have the votes from his own side to pass it. he didn't have enough republican votes to pass the republican plan. >> senator schatz, this is now your life. i know that speaker boehner is in the other chamber, but this is...
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Dec 26, 2012
12/12
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you know, you have to remember, i sit here in washington, d.c. and of course, the line of course on "squawk box" this morning was lawmakers are much more inclined to say i was there to lower your taxes and i didn't vote to raise your taxes. as simplistic as that is, i think it's true so i think they let us go over and then cut the taxes and they undo all the good the cliff could actually do. >> but there's no real spending cuts. that's part of the problem. it's all talk. there's no real cuts in the cliff. >> you guys sound like congress. keep on arguing behind the scenes. enjoy yourselves. thank you so much, michael. peter, you're sticking around. >>> meantime, the fiscal cliff may be a big deal but there is another threat out there which might be in the short term more risky. the container cliff. businesses up and down the eastern seaboard are bracing for a massive port showdown as unions threaten to strike and possibly shut down most imports and exports out of this country. let's add in cnbc contributor jimmy peeb. we focus so much on the fisca
you know, you have to remember, i sit here in washington, d.c. and of course, the line of course on "squawk box" this morning was lawmakers are much more inclined to say i was there to lower your taxes and i didn't vote to raise your taxes. as simplistic as that is, i think it's true so i think they let us go over and then cut the taxes and they undo all the good the cliff could actually do. >> but there's no real spending cuts. that's part of the problem. it's all talk. there's...
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Dec 11, 2012
12/12
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i'm giving a lot of credence to what ezra klein wrote because he's plugged in down there in washington. if it's true that raising eligibility for medicare from 65 to 67, there has to be a reason for that. there has to be a big reason for that because those are major concessions. >> let me just say, i don't think there's any chance of this administration to agree to changing the medicare age. absolutely no chance. >> we have a history of them dangling it in 2007. >> any chance for debt ceiling he can change either. so that's why i think the president was saying what he was saying about the debt ceiling so clearly because that is the next stage of the fight. >> the other thing i would say, if we are going for that bigger deal where we're going to take on entitlements as well as the tax code, i don't see any way that it gets done before january 1st. >> no. that takes at least a year. >> and it's going to be hard for boehner to go along with a tax rate increase if you're going to the democratic caucus with major entitlement reform. i just don't see that happening before january 1. >> it wo
i'm giving a lot of credence to what ezra klein wrote because he's plugged in down there in washington. if it's true that raising eligibility for medicare from 65 to 67, there has to be a reason for that. there has to be a big reason for that because those are major concessions. >> let me just say, i don't think there's any chance of this administration to agree to changing the medicare age. absolutely no chance. >> we have a history of them dangling it in 2007. >> any chance...
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Dec 8, 2012
12/12
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certainly, washington has taken it much, much further. but i think it's important that we try new ways in which to handle this, certainly from an economic standpoint. we shouldn't be spending all that. our prisons are full. even in california, we're beginning to let go of these drug users earlier because we can't afford it and because they are least likely to be -- in fact, when we put them in, they become criminals inside because of the systems. i have said to president obama, why don't you let us work this out and see what it can look at. >> this is the claim of states as laboratories of experiments and policies. we have california with medicinal and the state of washington with recreational. this is the time for them trying to think about how to do it in their state. >> here is a statistic. california collected $100 million in sales tax from the small medical cannabis, legal, above-ground industry. the vast majority of farmers in california, from following them, are not yet in that above-ground market. so when we're really fully taxing
certainly, washington has taken it much, much further. but i think it's important that we try new ways in which to handle this, certainly from an economic standpoint. we shouldn't be spending all that. our prisons are full. even in california, we're beginning to let go of these drug users earlier because we can't afford it and because they are least likely to be -- in fact, when we put them in, they become criminals inside because of the systems. i have said to president obama, why don't you...
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at some point washington works for us and not them. why can't they sacrifice and spend less of wour money so w don't have to pay more. a union blitz against private companies is a victory by big labor about to drive up the fax spill. wait uil you hear this coming up next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a otective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. now one plan to take union pensions off of the backs of taxpayers has failed in california. government unions declaring a major victory and killing off a reform victory that replaced with 401 k style investment plans. it
at some point washington works for us and not them. why can't they sacrifice and spend less of wour money so w don't have to pay more. a union blitz against private companies is a victory by big labor about to drive up the fax spill. wait uil you hear this coming up next. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a otective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try...